Ipraxis
Nonprofit profile at a glance
- EIN
- 522437369
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990 2018, Form 990-EZ 2024
- Location
- Philadelphia, PA, USA
- Phone
- 2679778261
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Research Institutes and Public Policy Analysis
Reported finances
- Revenue
- $22,693
- Expenses
- $13,687
- Assets
- $39,377
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- JEREMIAH WHITE (PRESIDENT)
People named in this filing
- DAVID FAIR (CHAIRMAN)
- ADEBOYE ADEJARE (VICE-CHAIR)
- JEREMIAH WHITE (PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organizaiton acts in partnership with disadvantaged communities to build opportunity through innovation and technology.
What it reported doing in 2024
The inspire program supports a volunteer force of local scientists, engineersresearchers and entrepreneurs working to improve the quality of scienceeducation in philadelphias public schools.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 100
- Sustainability: 69
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 54.1%; rating input score 54
- Program expense ratio: 89.7%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 39.7%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 2.88; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -8.8% per year; rating input score 0; 29th percentile among comparable filings
- Revenue growth: -9.7% per year; rating input score 0; 25th percentile among comparable filings
- Asset growth: -5.7% per year; rating input score 0; 23rd percentile among comparable filings
Details
- Where the money goes: 54.1% of revenue deployed · 89.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $12K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 54/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.